A federal judge in New York rejected President Donald Trump’s request to keep his banks from producing financial records to lawmakers, handing House Democrats a second convincing courtroom win this week in their efforts to delve into the president’s finances.

Democratic presidential candidate Bernie Sanders introduced legislation that would impose a tax on trades of all stocks, bonds and derivatives in the U.S., a move he says would help curb Wall Street speculation and help finance his campaign promise to provide tuition-free college and cut student debt.

The revenue procedure updates the depreciation deductions allowed for owners of passenger automobiles, trucks and vans placed in service in 2019.

The proposed regs were a long time in coming, but generally taxpayer friendly. Here are seven key updates.

The American Institute of CPAs dispatched hundreds of CPAs to lobby their state and local lawmakers on Capitol Hill this week in conjunction with the AICPA’s Spring Meeting of Council in Washington, D.C.

A Democrat-led House committee moved a step closer to reviewing President Donald Trump’s tax information after a federal judge ruled U.S. lawmakers have the power to demand records from his accounting firm, Mazars USA LLP.

Republicans and Democrats will be working on the perennial problem of what to do about the temporary tax breaks that need to be renewed every few years.

It's time to treat environmental, social and governance metrics with the same rigor as financial metrics.

The American Institute of CPAs has sent the Internal Revenue Service a set of recommendations on changing some of the parking rules for tax breaks for transportation fringe benefits, which the Tax Cuts and Jobs Act mostly eliminated.

The Financial Accounting Standards Board is giving banks some leeway in applying the new credit losses standard.

Extension a tax incentive for electric vehicle purchases could cost up to $15.7 billion, according to an analysis prepared by opponents.

Tax credits worth billions of dollars for the wind and solar industries are set to expire or begin phasing out next year — part of a 2015 deal Democrats struck that ended a 40-year-old ban on the export of crude oil.

The bipartisan legislation aims to expand retirement savings by offering more tax incentives to individuals and small businesses.

The Institute wants to postpone the effective date of its new leases standard for one year, citing an overload for financial statement preparers.

Planning for the deduction can yield significant tax savings.

Is quarterly reporting really valuable enough to investors to justify the time and cost spent to compile the reports?

The Internal Revenue Service has issued final regulations upping user fees on enrolled agents and enrolled retirement plan agents.

The American Institute of CPAs has submitted a set of recommendations to the Internal Revenue Service about accounting method changes.

With more than three-quarters of public companies already past the effective date, the spotlight is now on private companies.

A decade ago, Angelo Mozilo was the face of the housing bust that preceded the financial crisis. Now the former chief executive officer of Countrywide Financial Corp. is predicting another drop, and for some homeowners it may be even worse.